Briefs: China Development Bank plans IPO, ANZ moves deeper into Paciific, Swiss raid HSBC, and more 19 February 2015 4:37PM Banking Day staff Briefs, China Development Bank plans to raise between US$1 billion and US$1.5 billion from a Hong Kong initial public offering of its leasing unit sometime this year, the Wall Street Journal reports. CDB Leasing's planned offering follows a US$94 million listing in Hong Kong in July by China Aircraft Leasing Group Holdings, the first aircraft lessor to go public in the city. The ANZ Banking Group plans to play a bigger role financing government-funded infrastructure projects across the South Pacific under a deal driven by the federal government restructuring of its aid program. It follows similar co-operation agreements signed with Carnival Cruises and Westpac, the AFR reports, adding that the ANZ is set to emphasise that its agreement is more far-reaching after Westpac's announcement that it is selling its Pacific network outside Fiji and PNG and winding back its remittance business, due to red tape imposed by new global measures to crack down on terrorism. Reuters has reported that the Swiss public prosecutor ordered a raid on HSBC's lakeside Geneva office after opening a criminal inquiry into allegations of "aggravated money laundering." Europe's largest lender is in regulators' sights after French tax authorities shared information with counterparts around the world about how HSBC's Swiss private bank allegedly helped wealthy clients evade taxes. Tax authorities in Britain, Belgium, Austria and Argentina are also looking at the allegations. US authorities could look at re-opening a 2012 deferred prosecution agreement with the bank, which followed a US$1.9 billion fine. Start-up online lenders that use technology to give better financing deals to small businesses are finding large banks more inclined to talk to them; some, such as SocietyOne, have even signed deals and secured funding, reports the AFR. Such deals might involve banks funding their loans initially, but it could end up as a partnership where the banks refer businesses that are too risky for them.